Core Points - Nano Dimension Ltd. will hold its 2025 Annual General Meeting of Shareholders on December 4, 2025, at 5:00 p.m. Israel Time [1] - The meeting will be conducted in accordance with Israeli Companies Law and the Company's Articles of Association [2] - Shareholders of record as of October 14, 2025, are entitled to vote, with a voting cut-off expected on November 26, 2025 [3] Agenda Items - Re-appointment of KPMG LLP as the independent auditor and authorization for the Board to determine their compensation [6] - Re-election of Mr. David Stehlin and Mr. Andy Sriubas as Class II directors for a three-year term, and election of Mr. Phillip Borenstein as Class III director for a one-year term [6] - Approval of annual compensation for the Board and payments to certain directors for their service during fiscal year 2024 [6] - Approval of bonus grants of Restricted Stock Units (RSUs) to certain directors [6] - Approval of the compensation terms and appointment of CEO Mr. David Stehlin, and ratification of former CEO Mr. Ofir Baharav's compensation terms [6] - Approval of an extension of the Company's Employee Stock Option Plan (2015) and an amendment to the indemnification agreement [6] - Approval of an increase to the Company's Directors and Officers (D&O) Liability Insurance Policy [6] Company Overview - Nano Dimension Ltd. specializes in advanced Digital Manufacturing technologies, serving industries such as defense, aerospace, automotive, electronics, and medical devices [5]

Core Viewpoint - Nano Dimension Ltd. announced the transition of its Chief Financial Officer, Assaf Zipori, effective November 1, 2025, with John Brenton appointed as his successor [1][2]. Group 1: Leadership Transition - Assaf Zipori will step down as CFO, and John Brenton, currently the Vice President of Global Finance and Corporate Controller, will take over the role [1][2]. - Zipori will assist Brenton during the transition period to ensure a smooth handover [2]. Group 2: New CFO Profile - John Brenton has over 30 years of experience in finance, accounting, and corporate control, with a strong background in public company reporting and operational excellence [3]. - Brenton previously held senior finance leadership positions at Markforged before joining Nano Dimension [3]. Group 3: Company Statements - CEO David Stehlin expressed gratitude for Zipori's contributions and confidence in Brenton's ability to lead the finance team [4]. - Brenton expressed excitement about stepping into the CFO role and confidence in the company's strategy and technology [4]. Group 4: Company Overview - Nano Dimension specializes in advanced digital manufacturing technologies, serving industries such as defense, aerospace, automotive, electronics, and medical devices [5]. - The company focuses on trends like onshoring, national security, and product customization, enabling rapid deployment of high-mix, low-volume production [5].

Core Insights - Nano Dimension Ltd. is collaborating with ALOFT AeroArchitects and Spectrum Networks to utilize Markforged composite 3D printing systems for producing certified, flight-ready components for high-profile aircraft [1][6] Group 1: Technology and Innovation - Spectrum Networks has adopted Markforged's FX10 platform and Continuous Fiber Reinforcement (CFR) technology to manufacture replacement parts, significantly reducing lead times from months to weeks [2][3] - The SPN 31 LED retrofit, developed to replace outdated halogen fixtures, exemplifies the use of CFR technology to enhance structural integrity and surface finish for direct installation [3][4] - Each part produced undergoes automated laser micrometer inspection, generating a layer-by-layer conformance report, which aids in regulatory acceptance by the FAA and global aviation authorities [5] Group 2: Market Demand and Impact - In 2024, Spectrum Networks produced over 10,000 certified flight parts using Markforged printers, contributing to the modernization of aircraft interiors and reducing operational downtime [4] - The collaboration between ALOFT and Spectrum demonstrates the capability of Markforged technology to meet stringent safety, quality, and performance standards in the aerospace sector [6] Group 3: Company Overview - Nano Dimension Ltd. focuses on advanced digital manufacturing technologies across various industries, including defense, aerospace, and automotive, emphasizing rapid deployment and sustainable practices [7]

Core Viewpoint - Nano Dimension held its Second Quarter 2025 Financial Results Conference Call, indicating a focus on financial performance and future outlook [1][2]. Group 1: Company Leadership - The conference featured new CEO Dave Stehlin and CFO Assaf Zipori, highlighting a leadership transition within the company [2]. Group 2: Financial Results - The call was centered around the financial results for the second quarter of 2025, suggesting a detailed discussion on revenue, expenses, and overall financial health [1][2]. Group 3: Forward-Looking Statements - The company provided forward-looking statements, emphasizing that these are subject to various risks and uncertainties that could impact actual results [3][4].

Financial Data and Key Metrics Changes - Revenue for Q2 2025 was $25.8 million, a year-over-year growth of approximately 72% compared to $15 million in Q2 2024, primarily driven by the acquisition of Markforged which contributed $16.1 million in revenue [12] - Excluding Markforged, revenue was $9.7 million for the quarter, down 35% year over year, reflecting strategic diversity tools and macroeconomic headwinds [12][13] - Gross profit for the quarter was $11.6 million, with a gross margin of approximately 44.7%, a decrease from 46.1% in the prior year [13] - Operating expenses for the quarter were $28.2 million, higher than the prior year due to combined operations with Markforged, but standalone operating expenses decreased by over 24% year over year [13] - Adjusted EBITDA for the quarter was a loss of $16.7 million compared to a loss of $14.6 million last year [13] - Total cash, cash equivalents, and investable securities stood at $551 million at the quarter end, down from $840 million at the end of Q1 2025 [14][15] Business Line Data and Key Metrics Changes - The integration of Markforged is progressing as planned, with efforts focused on identifying synergies and aligning operations [8] - The acquisition of Desktop Metal resulted in a non-cash impairment of $139.4 million and a loss from its operation of $30.4 million during the quarter [7] Market Data and Key Metrics Changes - Positive momentum is noted in regulated industries such as defense, with a critical defense order valued at approximately $3 million completed during Q2 [10] - Global brands like Nestlé are expanding their use of Markforged systems, indicating scalability and tangible ROI for customers [10] Company Strategy and Development Direction - The company is focused on unlocking shareholder value and exploring a comprehensive range of strategic alternatives with the help of financial advisors [6] - The mission is to lead the future of advanced digital manufacturing, emphasizing capital discipline and strategic clarity [10][16] - The company aims to build a more agile and scalable organization capable of delivering strong results over time [9] Management's Comments on Operating Environment and Future Outlook - Management acknowledges macroeconomic headwinds, particularly in industrial sectors, but expresses confidence in the foundation being built for long-term growth [9][10] - The company is committed to executing its strategy with focused teamwork, discipline, and transparency [17] Other Important Information - The transition from IFRS to U.S. GAAP reinforces the company's commitment to financial transparency [12] - The company remains one of the best capitalized in its ecosystem, focusing on maintaining financial strength [8] Q&A Session Summary - No specific questions or answers were documented in the provided content, indicating a lack of detailed interaction during the Q&A session [18]

Financial Data and Key Metrics Changes - Revenue for Q2 2025 was $25.8 million, a year-over-year growth of approximately 72% compared to $15 million in Q2 2024, primarily driven by the acquisition of Markforged which contributed $16.1 million in revenue [11] - Excluding Markforged, revenue was $9.7 million for the quarter, down 35% year over year, reflecting strategic diversity tools and macroeconomic headwinds [12] - Gross profit for the quarter was $11.6 million, with a gross margin of approximately 44.7%, a decrease from 46.1% in the prior year [12] - Adjusted EBITDA for the quarter was a loss of $16.7 million compared to a loss of $14.6 million last year [12] Business Line Data and Key Metrics Changes - The integration of Markforged is progressing as planned, with efforts focused on identifying synergies and aligning operations [7] - The acquisition of Desktop Metal resulted in a non-cash impairment of $139.4 million and a loss from its operation of $30.4 million during the quarter [7] Market Data and Key Metrics Changes - Positive momentum is noted in regulated industries such as defense, with a critical defense order valued at approximately $3 million completed during the second quarter [9] - Global brands like Nestlé are expanding their use of Markforged systems, indicating scalability and tangible ROI for customers [9] Company Strategy and Development Direction - The company is exploring a comprehensive range of strategic alternatives to unlock shareholder value, engaging Guggenheim Securities and Houlihan Lokey as financial advisors [6] - The focus is on high-value technologies and opportunities, with a commitment to capital discipline and margin expansion [9][16] Management's Comments on Operating Environment and Future Outlook - Management acknowledges macroeconomic headwinds, particularly in industrial sectors, but expresses confidence in the foundation being built for long-term growth [8][9] - The company aims to lead the future of advanced digital manufacturing, focusing on delivering innovative solutions to customers [16] Other Important Information - The transition from IFRS to U.S. GAAP reinforces the company's commitment to financial transparency [11] - Total cash, cash equivalents, and investable securities stood at $551 million at the quarter end, providing substantial liquidity for strategic options [13][14] Q&A Session Summary - The Q&A session was not detailed in the provided content, and no specific questions or answers were recorded [18]

Financial Data and Key Metrics Changes - Revenue for Q2 2025 was $25.8 million, a year-over-year growth of approximately 72% compared to $15 million in Q2 2024, primarily driven by the acquisition of Markforged which contributed $16.1 million in revenue [12] - Excluding Markforged, revenue was $9.7 million for the quarter, down 35% year over year, reflecting strategic diversity tools and macroeconomic headwinds [12] - Gross profit for the quarter was $11.6 million, with a gross margin of approximately 44.7%, a decrease from 46.1% in the prior year [13] - Operating expenses for the quarter were $28.2 million, higher than the prior year due to combined operations with Markforged, but standalone operating expenses decreased by over 24% year over year [13] - Adjusted EBITDA for the quarter was a loss of $16.7 million compared to a loss of $14.6 million last year [13] - Total cash, cash equivalents, and investable securities stood at $551 million at the quarter end, down from $840 million at the end of Q1 2025 [14] Business Line Data and Key Metrics Changes - The integration of Markforged is progressing as planned, with efforts focused on identifying synergies and aligning operations [8] - The acquisition of Desktop Metal resulted in a non-cash impairment of $139.4 million and a loss from its operation of $30.4 million during the quarter [7] Market Data and Key Metrics Changes - Positive momentum is noted in regulated industries such as defense, with a critical defense order valued at approximately $3 million completed during Q2 [10] - Global brands like Nestlé are expanding their use of Markforged systems, indicating scalability and tangible ROI for customers [10] Company Strategy and Development Direction - The company is exploring a comprehensive range of strategic alternatives to unlock shareholder value, engaging Guggenheim Securities and Houlihan Lokey as financial advisors [6] - The focus is on high-value technologies and opportunities, with a commitment to capital discipline and margin expansion [10][16] - The mission is to lead the future of advanced digital manufacturing through differentiated technology platforms [16] Management's Comments on Operating Environment and Future Outlook - Management acknowledges macroeconomic headwinds, particularly in industrial sectors, but expresses confidence in the foundation being built for long-term growth [9][10] - The company remains committed to executing its strategy with focused teamwork, discipline, and transparency [17] Other Important Information - The transition from IFRS to U.S. GAAP reinforces the company's commitment to financial transparency [12] - The company remains one of the best capitalized in its ecosystem, focused on maintaining financial strength [8] Q&A Session Summary - No specific questions or answers were documented in the provided content, indicating that the Q&A session may not have occurred or was not included in the records.

Financial Data and Key Metrics Changes - Revenue for Q2 2025 was $25.8 million, representing a year-over-year growth of approximately 72% compared to $15 million in Q2 2024, primarily driven by the acquisition of Markforged which contributed $16.1 million in revenue [12] - Excluding Markforged, revenue was $9.7 million for the quarter, down 35% year over year, reflecting strategic diversity tools and macroeconomic headwinds [12] - Gross profit for the quarter was $11.6 million, with a gross margin of approximately 44.7%, a decrease from 46.1% in the prior year [13] - Operating expenses for the quarter were $28.2 million, higher than the prior year due to combined operations with Markforged, but standalone operating expenses decreased by over 24% year over year [13] - Total cash, cash equivalents, and investable securities stood at $551 million at the quarter end, down from $840 million at the end of Q1 2025, primarily due to cash paid for acquisitions [14] Business Line Data and Key Metrics Changes - The integration of Markforged is progressing as planned, with efforts focused on identifying synergies and aligning operations [8] - The acquisition of Desktop Metal resulted in a non-cash impairment of $139.4 million and a loss from its operation of $30.4 million during the quarter, included in net loss from discontinued operations [7] Market Data and Key Metrics Changes - Positive momentum is noted in regulated industries such as defense, with a critical defense order valued at approximately $3 million completed during Q2 [10] - Global brands like Nestlé are expanding their use of Markforged systems, indicating scalability and tangible ROI for customers [10] Company Strategy and Development Direction - The company is focused on unlocking shareholder value and exploring a comprehensive range of strategic alternatives with the help of Guggenheim Securities and Houlihan Lokey as financial advisors [6] - The strategic review and integration of Markforged are aimed at building a more agile and scalable company capable of delivering strong results over time [9] - The company aims to lead the future of advanced digital manufacturing by delivering innovative solutions to customers [16] Management's Comments on Operating Environment and Future Outlook - Management acknowledges macroeconomic headwinds, particularly in industrial sectors, but expresses confidence in the foundation being built to scale intelligently and drive innovation [10][16] - The focus remains on capital discipline, with every action guided by margin expansion, strategic clarity, and value creation [10] Other Important Information - The transition from IFRS to U.S. GAAP reinforces the company's commitment to financial transparency [12] - The company remains one of the best capitalized in its ecosystem, focused on maintaining financial strength [7] Q&A Session Summary - The Q&A session was briefly mentioned, but no specific questions or answers were provided in the transcript [18]

Core Viewpoint - Nano Dimension Ltd. reported its financial results for the second quarter of 2025, highlighting significant revenue growth and ongoing challenges related to recent acquisitions and operational restructuring [1][5]. Financial Performance - Revenue for the second quarter reached $25.8 million, representing a 72.4% increase from $15.0 million year-over-year [8]. - Gross Margin decreased to 27.3%, down from 44.7% year-over-year, while Adjusted Gross Margin fell to 44.7% from 46.1% [8]. - The company reported an Adjusted EBITDA loss of $16.7 million, compared to a loss of $14.6 million year-over-year [8]. - Net Loss from Continuing Operations was $11.4 million, improved from a loss of $44.6 million year-over-year [8]. - Total cash, cash equivalents, deposits, and investable securities amounted to $551.0 million as of June 30, 2025, down from $840.4 million as of March 31, 2025 [8]. Acquisitions and Strategic Initiatives - The financial results include the consolidation of Markforged Holding Corporation, which contributed $16.1 million in revenue and a gross profit of $3.4 million since its acquisition on April 25, 2025 [2]. - Desktop Metal was acquired on April 2, 2025, but has faced significant challenges, including a $139.4 million impairment and a loss from operations of $30.4 million [3]. - Desktop Metal filed for Chapter 11 bankruptcy on July 28, 2025, to address its liabilities and liquidity needs [4]. - A strategic alternatives review has been initiated to maximize shareholder value and explore new opportunities [6][9]. Leadership Changes - David S. Stehlin was appointed as the new Chief Executive Officer effective September 8, 2025, focusing on leveraging the company's strengths and addressing challenges [9]. Revenue Breakdown - Revenue by product for the second quarter included $16.7 million from hardware, $5.9 million from consumables, and $3.2 million from services [27]. - Geographic revenue distribution showed $10.99 million from the Americas, $11.65 million from EMEA, and $3.20 million from APAC [29].

Company Overview - Nano Dimension Ltd. is a leader in Digital Manufacturing solutions, focusing on advanced technologies for various industries including defense, aerospace, automotive, electronics, and medical devices [3] - The company is driven by trends in onshoring, national security, and increasing product customization, enabling rapid deployment of high-mix, low-volume production with IP security and sustainable practices [3] Upcoming Financial Results - The company will host a conference call and webcast to discuss its Q2 2025 financial results for the period ended June 30, 2025 [1] - The conference call is scheduled for Wednesday, September 17, 2025, at 4:30 PM EST [2] - Participants are advised to log in at least 10 minutes prior to the call, and a replay of the webcast will be available shortly after the conclusion of the call [2]